Question

The law of demand states that A. demand will exist as long as people have money to buy things. B. people will always buy moremore of a good or service when its price risesrises. C. price will fallfall as demand risesrises. D. quantity demanded will fallfall as price risesrises​, other things being equal.

Answer 1

Answer:

D. quantity demanded will fallfall as price risesrises​, other things being equal.

Explanation:

The law of demand states that there is an inverse relationship between price and quantity demanded. That is, when price increases, quantity demanded for a good decreases (other things being equal) and vice versa.